Wednesday, 24 January 2018 03:18 GMT

Trump, China deal boosts U.S. LNG despite rule change

(MENAFN) U.S. shale gas could head to China under long-term deals for the first time, boosted by a new trade deal that may not change current rules.

Furthermore, the agreement could pave the way for a second wave of investment in U.S. LNG terminals, linking the fastest growing supplier with the biggest growth market.

On the other hand, Cheniere shipped 9 cargos from its Sabine Pass facility in Louisiana to five terminals in China over the last year.

Additionally, the deal also emphasizes, rather than changes, U.S. policy on LNG exports to China, while Cheniere increased 3.3 percent to USD48.68 in NY.


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